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$399,000
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Property Description
Welcome to The Red Door Cottage, a beautifully restored 1950 gem in the heart of downtown Marble Falls just one block from Main Street's shops, restaurants, and the iconic Blue Bonnet Cafe. Zoned both Residential and Commercial, this charming property offers endless possibilities-ideal as a residence, short-term rental, boutique, or office space. Completely remodeled in 2020, the 2-bedroom, 1-bath cottage was taken down to the studs and rebuilt with timeless finishes and modern systems, including a new roof, HVAC, plumbing, electrical, and appliances. The renovation preserved its historic charm with refinished hardwood floors, the signature red front door, and a restored pocket door. The inviting living room features reclaimed wood paneling, which was thoughtfully salvaged from the original shed and bunkhouse once located behind the home, and flows into a stunning kitchen with a marble island, ample storage, and updated fixtures. The spacious bathroom offers a walk-in shower and contemporary finishes. Enjoy morning coffee on the covered front porch under mature trees, or dine on the cozy covered back porch overlooking the fenced backyard. Situated on an oversized corner lot, the property offers room to expand or simply enjoy peaceful surroundings. Formerly a highly rated Airbnb, The Red Door Cottage has a proven rental history and an unbeatable location which is peaceful, yet just steps away from dining, shopping, and entertainment. *An adjacent lot is also available for added opportunity.*
Full Property Details
Full Property Details for 700 5th St
General
- Price: $399,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 175480
- Updated: 10/24/2025
- Added to Site: 85 day(s) ago
Interior
- Rooms/Areas: Dining Room, Kitchen, Living Room, Main Level Master Bdrm
- Interior Features: Breakfast Bar, Granite Counters, Recessed Lighting, Counters-Solid Srfc, No Steps to Entry
- Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Washer, Washer Hookup, Electric Water Heater, Cooktop
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Other
Exterior
- Exterior Features: Rain Gutters, Sprinkler System
Parking
- Carports: Yes
- Garage Description: 2 Car Carport
Location
- County: Burnet
- Subdivision: Mrbl Falls City
- Driving Directions: From State Hwy 71 W, drive to 5th St. Turn right onto 5th St. Destination will be on the right. From US-281 N, drive to 5th St. Turn right onto 5th St. Destination will be on the right.
School Information
- High School District: Marble Falls
Community
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Central Air, Attic Fan
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage
- Construction: Wood Siding, Stone
- Foundation: Pier & Beam
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,214
- Sq. Ft. Source: County Records
- Living Area: 1,214 Sq. Ft.
- Year Built: 1950
Unit Information
- Residential Units: 1
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,400
- Lot Dimensions: 60 x 140
- Frontage: Paved Road
- Fence: Yes
- Topography: Commercial Potential
- Zoning: NC
- Fencing (Description): Wood
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Attic Fan, Ceiling Fan(s)
Financial Considerations
- Price Per Sq. Ft.: $328.67
Disclosures and Reports
- Legal Description: S6130 MARBLE FALLS CITY LOT 10-A BLK 15
- Property ID: 28408
Listed by Hallmark Luxury Real Estate, Stacy Hallmark
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Schools
Schools serving 700 5th St
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Marble Falls Elementary School 901 Avenue U, Marble Falls, TX 78654 | PK-5 | 1 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 0.8 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 5th St
Date
Details
Price
Change
Source
10/24/2025
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 700 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,046
—
$305,000
-8%
2024
$5,046
6%
$331,325
4%
2023
$4,779
-11%
$318,648
10%
2022
$5,373
-2%
$289,680
12%
2021
$5,505
167%
$259,653
177%
2020
$2,062
-38%
$93,643
-38%
2019
$3,341
—
$150,756
2%
2018
$3,356
—
$147,096
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 5th St
700 5th Street, Marble Falls, TX 78654 (MLS# 175480) is a Single Family property with 2 bedrooms and 1 full bathroom. 700 5th Street is currently listed for $399,000 and was received on October 24, 2025. Want to learn more about 700 5th Street? Do you have questions about finding other Single Family real estate for sale in Marble Falls? You can browse all Marble Falls real estate or contact a Coldwell Banker agent to request more information.

